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Dec 8, 2012
12/12
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on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president. let's say the president gets his tax hikes. you know, everyone thinks they are going to have higher taxes in the new year. so he gets tax hikes. but then what? i mean, the new normal that's being painted by your friends over at the oecd say our girls will probably be about 2.2%. 2% maybe if we're luck in next year. the new normal even with high taxes doesn't look good. >> yeah. let's hope it's higher than that i think it's going to be a bumpy 60 days in my view. fiscal cliff. as low as that 2% is. the awful state of the world right now is that
on fiscal cliff talks. joining me now university of chicago booth school of business professor and former chairman of the council of economic advisors under president obama, dr. austan goolsbee. dr. goolsbee, where is the stethoscope? come on, i see it there hello, good to see you, austin. >> hey, laura great to see you again. i painted the pictures why conservatives should figure it out and not be in despair. on the other side of the equation you have the president. let's say the...
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Dec 7, 2012
12/12
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now, i'm tired of hearing about the fiscal cliff. i think it's a cliche. and i submit to you mcguirk, that most americans have no idea what this story is about. >> i think a couple of things. but i think this is a conspiracy to kill right wing talk radio because this will make your ears bleed listening to these guys argue about it and be angry over it. but i would also say to the republics, obama won. it's like all this whining about that. i mean, they are like the japanese soldiers in the pacific after world war ii still fighting the battle way into the 1950s. he won. it's over and the fiscal cliff is either -- the taxes are going to go up on these rich people one way are 00 other. >> bill: they are going to go up on everybody. as howard dean said at the top of the program. the rich people are going to pay much more which is a good reason not to buy gutfeld's book because if you do he is going to have to pay more in taxes next year because that's when the royalties will come into him. everybody is going to have to pay more taxes because we're in such dire
now, i'm tired of hearing about the fiscal cliff. i think it's a cliche. and i submit to you mcguirk, that most americans have no idea what this story is about. >> i think a couple of things. but i think this is a conspiracy to kill right wing talk radio because this will make your ears bleed listening to these guys argue about it and be angry over it. but i would also say to the republics, obama won. it's like all this whining about that. i mean, they are like the japanese soldiers in...
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Dec 6, 2012
12/12
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this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one of the leaders of the republican party whether you want to be or not. there you are. so you find yourself now trying to get the republican party reorganized and back into the populist column. ain't going to be easy for you, senator. because you have got to be the senator from florida and at the same time try to resurrect this party. >> well, it's -- but i think the people of florida have the same ax sights as the people of our country. i'm informed by my own background and my own experience in life my parents worked in the service industry. and, yet, they were able to afford to buy a house they never gave us everything we w
this fiscal cliff is the result of the last fiscal cliff. >> bill: that put a date on there. >> yeah. >> bill: may extend the date that's what i think is going to happen. >> my hope is is that we can avoid the bad stuff. then we have to deal with the 16 trillion-dollar debt that $1 trillion a year in deficit spending. we have to solve that. that thing is not going to solve itself. >> bill: doesn't feel like the president feels the urgency that you feel. you are one...
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Dec 11, 2012
12/12
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so who has the most to lose if the fiscal cliff is breached? i think the answer is self evident. i'm not saying it's a good outcome but the polling all shows that the public would blame the republicans for the outcome, so they end up not stopping an outcome which is most negative for them, and they get the blame for it. >> bill: wonder why that is. wonder why that is. why do you think -- look. it's fairly aapparent that barack obama has put no meaningful cuts, spending cuts on the table. anybody who pays attention knows that. the president does not want a cut. he wants the big government. he wants to spend. in fact, he wants 500 million more to throw into some stimulus that hasn't worked the first two times he tried it. why do the american people say it's the g.o.p.'s fault when the president obviously isn't giving anything at all up? >> well, bill you know that and i know that in part because we watch fox news, and fox news reports it that way which is the straight forward way to report it. you can find that out from the other media, but you have to read it carefully because it'
so who has the most to lose if the fiscal cliff is breached? i think the answer is self evident. i'm not saying it's a good outcome but the polling all shows that the public would blame the republicans for the outcome, so they end up not stopping an outcome which is most negative for them, and they get the blame for it. >> bill: wonder why that is. wonder why that is. why do you think -- look. it's fairly aapparent that barack obama has put no meaningful cuts, spending cuts on the table....
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Dec 13, 2012
12/12
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cliff. look, this election was a complex thing. did he a good job of getting out his people and he did an excellent job of eradiating mitt romney in the minds of ordinary americans who were up for grabs, particularly working class voters in battle ground states who said i don't like obama. i'm worried about the deficit and the spending. but i look at romney and he's too rich. he have doesn't care about me. wanted the auto companies to go bell up and he has a wife who is an admitted equestrian. >> bill: you can't have a horseback rider in there. here is another poll question. if income taxes go up, do you think president obama will use the tax dollars primarily to decrease the deficit or will the money be used to fund more government spending? decrease the deficit, 36%. fund more spending, 53%. i mean -- then why did you vote for the guy? i don't understand. you know, i understand the tactics of the campaign. certainly understand mitt romney didn't close well. but on every issue the american
cliff. look, this election was a complex thing. did he a good job of getting out his people and he did an excellent job of eradiating mitt romney in the minds of ordinary americans who were up for grabs, particularly working class voters in battle ground states who said i don't like obama. i'm worried about the deficit and the spending. but i look at romney and he's too rich. he have doesn't care about me. wanted the auto companies to go bell up and he has a wife who is an admitted equestrian....